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The fact that a freight railroad strike didn’t start on Friday is a huge win for the US economy and its still struggling supply chain. But that doesn’t mean freight railroads are providing ...
The freight railroad CSX announced it had made a deal to provide paid sick leave to roughly 5,000 rail workers. The White House and lawmakers are pushing other railroads to follow suit.
The two biggest freight rail companies had record profits during 2021; BNSF had a net income of nearly $6 billion, up 16 percent from 2020. Union Pacific’s net income was $6.5 billion , also up ...
How a Rail Strike Could Wreak Havoc on the American Supply Chain. ... “Railroads are carrying less freight today than they were in 2006 while rates have gone up,” said Martin J. Oberman, ...
To understand that, we have to look back before the passenger rail organization was founded in 1970, when private freight rail companies in the U.S. were required to offer passenger service.